NewJersey Resources Corporation (NJR)

Number of days of payables

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Payables turnover		0.11	0.11	0.46	0.08	0.16
Number of days of payables	days	3,255.00	3,398.85	793.44	4,455.06	2,256.23

September 30, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.11
= 3,255.00

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